Fast formula for coverage start date

Summary:

We need to create a fast formula for rate and coverage start dates to be '1st of the month after next' or something similar

Content (required):

I'm not a fast formula expert but hoping someone might be able to help. We plan to open a benefit window 7th - 25th March allowing people to buy annual leave. However we need the rate and coverage start date to begin on 1 May 2022.

Is this easy to do and does anyone have similar fast formula they could share?

Version (include the version you are using, if applicable):

21D

Code Snippet (add any code snippets that support your topic, if applicable):